Goldman Sachs Group Inc. increased its stake in Coeur Mining, Inc. by 92.6% during the fourth quarter. The investment bank purchased 6,012,718 additional shares according to a recent SEC filing.
The firm now holds 12,502,645 shares of the precious metals producer. This position represents 1.95% of the company.
Other hedge funds and institutional investors have also recently increased their positions in Coeur Mining.